TotalEnergies Takes Lead in Guyana Offshore Exploration License
Key highlights
- TotalEnergies, QatarEnergy, and Petronas signed a production sharing contract for Block S4.
- Block S4 covers 1,788 km², located 50-100 km from Guyana's shore.
- The initial work program includes a 2,000 km² 3D seismic acquisition.
Contract Signing
TotalEnergies, along with partners QatarEnergy and Petronas, has signed a production sharing contract for Block S4 with Guyana’s Ministry of National Resources. This follows the block's award in the 2023 Guyana Licensing Round.
Block S4 Details
Block S4 is a 1,788 km² area located approximately 50-100 km from the Guyanese shore. The block is situated in a shallow-water offshore basin known for its potential.
Initial Work Program
The initial work program for Block S4 involves a 2,000 km² 3D seismic acquisition. This step is crucial for assessing the block's resource potential.
Source: TotalEnergies